Form 4: Varonis Systems Director Kevin E. Comolli Receives Stock Grant

Director Kevin E. Comolli of Varonis Systems Inc. reports the acquisition of 4,178 shares of common stock through restricted stock units.

Summary

• Kevin E. Comolli, a director of Varonis Systems Inc., filed a Form 4 disclosing changes in beneficial ownership.
• On May 8, 2025, Comolli acquired 4,178 shares of common stock through the grant of restricted stock units (RSUs).
• These RSUs were granted at a price of $0 and will vest on May 31, 2026, at which point Comolli will receive an equal number of shares.
• Following the transaction, Comolli directly owns 39,004 shares and indirectly owns 190,575 shares held by Living Trusts.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The grant of RSUs is a common practice and aligns the director's interests with shareholders. There are no negative implications.

Positives

• The grant of restricted stock units to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's success.

Future Outlook

The reporting person will receive shares of common stock upon the vesting of the restricted stock units on May 31, 2026.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders, such as directors and officers, in the company's stock.

Stakeholder Impact

• The grant of RSUs to a director can positively impact shareholders by aligning management's interests with the company's long-term success.

Next Steps

• The reporting person will receive shares of common stock upon the vesting of the restricted stock units on May 31, 2026.

Key Dates

Keywords

Varonis Systems, Form 4, Beneficial Ownership, Restricted Stock Units, VRNS, Director, Comolli, Equity